Barbados : 2007 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

September 13, 2007

Electronic Access:

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Summary:

This 2007 Article IV Consultation highlights that the economy of Barbados has been growing at a solid pace, and the outlook for 2007 is generally favorable. Robust output growth of about 4 percent is expected to continue in 2007, supported by tourism and construction. Inflation, which was pushed up in 2006 by higher energy prices and a temporary import surcharge, is set to decelerate to 5½ percent in 2007. However, the current account deficit, despite having narrowed in 2006, is still high and projected to remain unchanged at about 8½ percent of GDP.

Series:

Country Report No. 07/315

Subject:

English

Publication Date:

September 13, 2007

ISBN/ISSN:

9781451806076/1934-7685

Stock No:

1BRBEA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

28

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